Remove 2026 Remove Branding Remove Online Remove Retail
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Malls Close Vacancy Gap With 1700+ Online Retailers

PYMNTS

As traditional mall merchants go under, online brands are expanding into brick-and-mortar, the New York Post reported Saturday (Nov. One example is New York’s UNTUCKit , which started as an online men’s clothing store and grew into a global brand. UBS also reported in April that online shopping by the average U.S.

Online 167
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Online Shopping Prompts Retailers To Leave Malls

PYMNTS

More retailers are leaving malls than ever before as online shopping soars and debt-ridden chains collapse. Analysts predicted in April that an estimated 75,000 stores are likely to shut down by 2026. retailers so far in 2019, compared to the 5,524 store closures for all of 2018. imports.

Retail 146
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Is This The End Times For Brick-And-Mortar Retail?

PYMNTS

Retail apocalypse? Whatever you want to call the decline of brick-and-mortar retail – and it’s getting worse, according to a few recent reports – it’s not good. merchants this year already have said they will shutter nearly 6,000 physical retail locations – that’s more than the nearly 5,900 closings for the entire year of 2018.

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Fifth Avenue Vacancies Reflect Uptick In Retail Closures

PYMNTS

As retailers shutter locations from the heartland to big cities, the latest update on the state of retail from New York’s storied Fifth Avenue says that rents are falling and vacancies are rising – showing that even a flagship address can’t escape the realities of modern-day commerce. Davidson Senior Brand Apparel Analyst John D.

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Analysts Predict 75K More Store Closings

PYMNTS

A new report by investment firm UBS warns that an estimated 75,000 stores are likely to shut down by 2026. Analysts said the closures would affect a variety of retailers, including an estimated 21,000 apparel stores, 10,000 consumer electronics stores and 8,000 home furnishing stores. We’re in the middle of a multiyear retail purge.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

The tax may be a case for the government to boost its own coffers on eCommerce, anticipated to be worth as much as $200 billion annually by 2026, as estimated by the India Brand Equity Foundation (IBEF) late last year. That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020.

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India Payment And Commerce Competition Heats Up

PYMNTS

Tez — or Google Play in India — also will reportedly gain capabilities for online and offline retail after already being able to handle bank-based, bill and utility payments. Online retail, meanwhile, continues to grow in India, and that market could hit $200 billion by 2026 if one goes by a Morgan Stanley estimate.

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